PENFlat Base

61% ConfidenceDetected Jun 23

Signal Snapshot

As of June 23, 2026, PEN is showing a Flat Base pattern with 61% confidence on the daily timeframe. SCTR 2.3 (bearish zone), Confirmed Bear trend. EdgeOS buy trigger $317.78 · Target $319.64 · Stop $316.62.

EdgeOS Levels — PEN

Close
$316.20
Buy Trigger
$317.78
+1 ATR Target
$319.64
Stop
$316.62
SCTR
2.3
Trend
Confirmed Bear
Bull Count
0
Bear Count
1
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Frequently Asked Questions

Is PEN showing a Flat Base pattern?

Yes. PEN is currently showing a Flat Base pattern with 61% confidence on the daily timeframe (detected 6/23/2026).

What is the confidence level for the PEN Flat Base?

The PEN Flat Base has a confidence score of 61%. Confidence above 65% is considered high — indicating a clear, textbook-quality pattern. The confidence score measures how closely price action matches the ideal pattern template.

What are the buy trigger and target for PEN?

PEN's EdgeOS buy trigger is $317.78, target $319.64 (Saty ATR +1), stop below $316.62.

How often does the Flat Base succeed?

The Flat Base has a historical win rate of 70% when traded with proper volume confirmation and stop placement. Average time to target: 20 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.

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Pattern data updated nightly · For informational purposes only · Not investment advice